Manila: Reports on the improvement of the Philippines’ manufacturing sector contributed to the rise of the local bourse and the stabilization of the currency on Tuesday. The Philippine Stock Exchange index (PSEi) increased by 0.93 percent to 6,423.85 points, while the broader All Shares index rose by 0.47 percent to 3,799.36 points. According to Philippines News Agency, most sectoral indices saw gains, with Holding Firms up by 2.21 percent, Mining and Oil by 2.18 percent, Property by 1.89 percent, and Industrial by 0.24 percent. However, there were declines in Financials, which dropped by 0.43 percent, and Services, which fell by